Re
## **Play, learn, and grow together**
## **Farmborough Pre-school**
## **Treasurer’s Report for Farmborough Preschool AGM**
## **th 18 November 2025**
Farmborough Preschool is currently in a very strong financial position having built up enough reserves to see us successfully through any unforeseen difficulties. Overall, the accounts show a surplus of £13,684.26 for the year ending 31[st] July 2025. The bank balances stand at £9,428.48 and a reserve account of £89,093.40. It is worth noting these accounts were formed in a very turbulent year with the complete reshuffle of staff, along with staff resignations and new staff arrivals. There were months where the Preschool was not fully staffed, which will have had an impact on the overall payroll costs for the year. Additionally rent was not claimed fully from the Primary school partnership which have inflated the ‘excess’ figure for the year. Our reserves stand at around £98,000 currently, around half of this figure is ringfenced to cover any future redundancies so the Preschool currently has reserves of around £48,000 which is a great figure to be carrying into the future, and will allow Preschool to continue to invest in better equipment and increased provisions to allow the children to thrive whilst in our setting.
In the past few years, we have begun to reinvest in the Preschool, in order to improve and diversify. We also invested in wellbeing classes with visits from Zoolab to increase the children’s learning and development. The current year will be no different with ZooLab and Spanish lessons already in the Calander. This year hasn’t seen a great emphasis on fundraising; this has been offset instead with the increased income through interest received on our reserve account. We will be looking to increase the fundraising effort during the next year, as we have reached the point where our income is matched by costs. In the current financial climate, increased rent and payroll costs will mean our costs are much greater than previous years, and with a recent increase in funded fees from the
Registered Charity: 1037250
government, this will most likely mean further income rises will be a few years away and increases the reliance on fundraising efforts to holt any future losses.
As always, we hope to encourage some new committee members this year, who can continue to support the Preschool and drive it forward, with fundraising efforts or just members to ensure the Preschool can remain open. The Preschool is financial stable for the next few years which is so important. Any fundraising can therefore be directly invested in developing our setting and the more we raise, the more activities and equipment we can offer!
As I mentioned before, this year has seen an almost complete turnaround in staff and committee members which at times have been very difficult for Preschool. We thank parents for their help and patience during those times. I wanted to say well done to the new faces of Preschool – Lisa, Jo and Laura along with Gemma who took the brave decision to step up to Assistant, all whom have done a fantastic job in stabilising the Preschool.
A huge well done needs to go to the committee’s fearless leader and Chair Emma-Jayne. Emma-Jayne took over after years of relatively settled times, and was almost immediately faced with staff resignations, which went through Preschool like dominoes. With help from other committee members, Emma-Jayne oversaw the arrival of Lisa as Preschool Manager, promotion of Gemma to our new deputy and finally the hiring of our new practitioners Jo and Laura. It’s been a busy one for sure, but Emma-Jayne has remained calm(ish) throughout, ensuring the impact on Preschool has been minimised as much as physically possible. All this unpaid, as a volunteer is remarkable and she deserves massive credit for what she has done over the past year, so very well-done!
Finally, it is now my time to step away from the Treasurers role and to welcome Cai to the committee who is going to take over from me. I wanted to just say thanks to Cai, for agreeing to take over allowing me to finally step down.
Cai Thomas - Treasurer
Registered Charity: 1037250
LoTt[lFupjDED
Registered Charity: 1037250
|**FARMBOROUGH PRESCHOOL**||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|**INCOME AND EXPENDITURE ACCOUNT- YEAR ENDED 31 JULY 2025**||||||||||
|||||||||||
|**PROFIT & LOSS 2025**||||||||||
|||||||||||
|||**2024**|||||**2025**|||
|||||||||||
|**Standard Items**||Receipts||Payments|||Receipts||Payments|
|||||||||||
|BANES Funded Income|59,733.72|||||94,490.15||||
|Un-Funded Income|22,442.00|||||5,213.00||||
|Misc Income|-|||||||||
|Deposits||||||||||
|Fundraising|97.00|||-||200.00||||
|Interest|564.26|||||779.85||||
|Staff Wages||||67,008.65|||||73,838.11|
|Office Expenses||||847.61|||||884.19|
|Cleaning||||606.20|||||612.37|
|Toys & Equipment||||627.61|||||1,003.15|
|Provisions||||430.00|||||580.00|
|WellbeingClasses||||525.60|||||549.60|
|Misc Expenses||||437.90|||||458.03|
|Telephone||||127.66|||||117.84|
|Training||||362.00|||||178.54|
|Venue Hire||||-||||||
|Subscriptions||||729.84|||||1,064.14|
|Workwear||||-|||||334.55|
|Rent||||5,815.00|||||4,000.00|
|Repairs|||||||||1,500.00|
|Hall Hire||||||||||
|||||||||||
|Standard Items Totals|82,836.98|||77,518.07||100,683.00|||85,120.52|
|||||||||||
|**Non-Standard Items**||||||||||
|||||||||||
|Grant Income|-|||-||||||
|Payroll Expenses||||-||||||
|Depreciation||||729.74|||||729.74|
|Bad Debts||||52.75|||||1,148.48|
|||||||||||
|Non-Standard Items Totals|-|||782.49||-|||1,878.22|
|||||||||||
|Totals|82,836.98|||78,300.56||100,683.00|||86,998.74|
|||||||||||
|||||||||||
|**(DEFICIT) SURPLUS FOR THE YEAR**||||**4,536.42**|||||**13,684.26**|
|||||||||||
|||||||||||
|||||||||||
|**BALANCE SHEET AT 31 JULY 2024**||||||||||
|||||||||||
|||||||||||
|**NON CURRENT ASSETS**||||||||||
|||||||||||
|Land & Buildings(F&F)|1,417.23|||||687.49||||
|||||||||||
|**CURRENT ASSETS**||||||||||
|||||||||||
|Bank Account|9,875.34|||||9,428.48||||
|Savings Account|73,313.55|||||89,093.40||||
|Bad Debts||||||||||
|Cash||||||||||
|Debtors|1,954.48|||||588.00||||
|Deposits|- 540.00|||||- 840.00||||
|||||||||||
|Total Bank Balances|£ 86,020.60|||||98,957.37||||
|||||||||||
|**CURRENT LIABILITIES**||||||||||
|||||||||||
|PENSION|- 258.76|||||||||
|PAYROLL DEDUCTIONS|- 488.73|||||||||
|GRANT INCOME||||||||||
|PAYROLL CLEARING||||||||||
|TAX & NI|-|||||||||
|||||||||||
|||||||||||
|TOTALS|£ 85,273.11|||||98,957.37||||
|||||||||||
|||||||||||
|**NON CURRENT LIABILITIES**||||||||||
|||||||||||
|CREDITORS DUE AFTER 1 YEAR|-|||||||||
|||||||||||
||-|||||-||||
|||||||||||
|**TOTAL ASSETS LESS LIABILITIES**|**85,273.11**|||||**98,957.37**||||
|||||||||||
|||||||||||
|**ACCUMULATED FUNDS**||||||||||
|||||||||||
|**_Balance Brought Forward_**|**80,736.69**|||||**85,273.11**||||
|**_Surplus /(Deficit) for the Year_**|**4,536.42**|||||**13,684.26**||||
|||||||||||
|**Balance Carried Forward**|**£ 85,273.11**|||||**98,957.37**||||
|||||||||||
|||||||||||
|**Treasurer CAI THOMAS**||||||||||
|||||||||||
|**Signed on 18 NOVEMBER 2025**||||||||||
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
Farmborough Pre School|Charity Name
Farmborough Pre School|Charity Name
Farmborough Pre School|
|---|---|---|---|
|||||
||31 July 2025|**Charity no**
**(if any)**|1037250|
|||||
||1
(remember to include the page numbers of additional sheets)|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2018. **Responsibilties and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Signed:** MARK MATTOCK **Date:** 07.05.2026 **Name:** Mark Mattock **Relevant professional** MAAT - 1009005 **qualification(s) or body (if any): Address:** Stoneleigh Accountancy Limited, 107B Wellsway, Keynsham, Bristol, BS31 1HZ
1
**Oct 2018**
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**